Singapore fund Temasek grabs majority stake in Manipal Health in $2billion+...

2 months ago 65

In the largest deal in the Indian healthcare space, Singapore's sovereign wealth fund Temasek Holdings has bought a majority stake in Bengaluru-based Manipal Health Enterprises for over $2 billion. Manipal Health Enterprises runs India's second-biggest hospital chain, Manipal Hospitals, with 29 hospitals across 16 cities. Apollo is the country's biggest chain.

Read Entire Article